Home -

Main body -

WikiFX Express

Exness

WikiFX Broker Assessment Series | Is Smarty Trade Reliable?

WikiFX | 2024-03-21 15:39

Abstract： In this article, we are going to discuss the broker named Smarty Trade. If you are planning to invest in this broker, it is wise to read this article before taking action.

In this article, we are going to discuss the broker named Smarty Trade. If you are planning to invest in this broker, it is wise to read this article before taking action.

About Smarty Trade

Smarty Trade is an online trading platform registered in Canada, operating as an unregulated broker. It offers traders the flexibility to choose from three account types: Glod, Silver, and Bronze, each tailored to different trading needs.

Is it Legit？

This broker cannot be considered as a regulated broker. We didnt find regulation information related to this broker and WikiFX has marked it as a “No License” broker and given it a low score of 1.20/10. Traders need to be careful of the potential risks.

Trading Platform

Smarty Trade offers a versatile trading platform for Options and CFD trading, accessible in three versions: web, Android, and iPhone.

The broker offers three tiered trading accounts: Gold, Silver, and Bronze, each tailored to meet the distinct needs of traders.

Gold Account:

Benefits: 24/7 live chat support, 1-hour withdrawals, +50% bonus, demo account, Copy Trading tool, Master class sessions, first 3 risk-free trades, personal success manager.

Silver Account:

Benefits: All Gold account features, +100% bonus.

Bronze Account:

Benefits: All Silver account features, +150% bonus, ideal for experienced traders.

Leverage

This broker offers maximum trading leverage of up to 1:100, allowing traders to control a position size up to 100 times their initial capital. High leverage can amplify both profits and losses, so it's essential for traders to use it cautiously and employ effective risk management strategies to protect their investments. Understanding the implications of leverage and trading according to one's risk tolerance and experience is crucial when utilizing this level of leverage.

Spreads & Commissions

The company employs a flexible pricing structure that involves spreads and commissions, which can vary depending on the specific financial instruments and trading accounts used.

Spreads: Spreads are commonly applied as trading costs and are dynamic, taking into account factors like market liquidity and competitiveness. The company reserves the right to adjust spreads, particularly during periods of increased volatility or market illiquidity.

Conclusion

We don't advise you to trade with this broker as it is unregulated. If you want more information about certain brokers' reliability, or you can download the WikiFX App to find your most trusted broker.

Broker

Related broker

No Regulation

Smarty Trade

Company name：Omla LTD

Score

1.40

Website：https://smartytrade.com/en

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.40

1Prime options Review: Examining Fund Scam & Trade Manipulation Allegations

Did you find trading with 1Prime options fraudulent? Were your funds scammed while trading on the broker’s platform? Did you witness unfair spreads and non-transparent fees on the platform? Was your forex trading account blocked by the broker despite successful verification? These are some issues that make the traders’ experience not-so memorable. In this 1Prime options review article, we have investigated the broker in light of several complaints. Keep reading!

Original 2026-02-20 20:02

EXTREDE Review (2026): A Complete Look at the Serious Warning Signs

This EXTREDE Review serves an important purpose: to examine the big differences between what the broker advertises and what we can actually prove. For any trader thinking about using this platform, the main question is about safety and whether it's legitimate. We will give you a clear answer right away. Our independent research, backed up by third-party information, shows that EXTREDE operates without proper regulation, creating a high-risk situation for all investors. The main focus of this investigation is the absolutely important need to check a broker's claims before investing. A broker's website is a marketing tool; it cannot replace doing your own research. The information that EXTREDE presents contains contradictions that every potential user must know about. A quick way to see these warnings gathered together is by checking the broker's live profile on verification platforms. For example, the EXTREDE page on WikiFX brings together regulatory status, user feedback and expert ri

Original 2026-02-20 18:22

Eurotrader Review: Safe Broker or Risky Choice?

Eurotrader is regulated by CYSEC & FSCA, offering MT4/5 with forex and CFDs. Safe broker or risky choice? Review facts and decide now via the WikiFX App.

Original 2026-02-20 17:42

NEWTON GLOBAL Deposit and Withdrawal Methods: A Complete 2026 Review

When traders look at a broker, they care most about how well its payment system works and what options it offers. You are probably looking for information about NEWTON GLOBAL deposit and withdrawal methods to see if they work for you. The broker says it has many modern payment options and promises fast processing times. However, a good review needs to look at more than just what it advertises. We need to check how safe your capital really is with this broker. One important factor that affects the safety of every transaction is whether the broker is properly regulated. Our research shows that NEWTON GLOBAL does not have any valid financial regulation from a trusted authority. This fact, along with a very low trust score, completely changes the situation. The question changes from "How can I withdraw?" to "Is it safe to invest here?" This background information is essential for protecting your capital.

Original 2026-02-20 17:30